the main thing to look out for is if they are constantly going there for repairs, where i invest has houses about the same age and usually the 1st thing i do when i buy them is replace mechanical s, those are always the things that give you the most trouble, then you do not have to worry about them for at least 12 years. it is probably any extra maintenance killing your profit.

I too am an auto mechanic.

No provider of wire or electronic communication service shall utilize service observing or random monitoring except for mechanical or service quality control checks; b.

@Frank Ma - Age, condition and mechanical details of the building and what that means for differed and future maintenance:  flat roofs, central chiller, age and condition of ac units, etc.What is the unit mix and is it appropriate for the area?

If a title insurance company will not insure title, why should you do it, through the mechanism of a warranty deed?

I have good relationships with my vendors and was able to get it for only 82 cents/sf.The sweat I put in to the tasks that I was able to handle myself, allowed me to invest the saved capital into the mechanics and bones of the house (foundation, new roof, new plumbing, HVAC, etc.) and allowed me to get slightly nicer finishes than I would have put into any other investment property I wasn't intending on living in.The goal with this property was longevity, since I will be holding onto it in perpetuity. 

Using your assumptions, you've correctly outlined the mechanics of a cash-out refinance. 

People often include these (and right of first refusal) in real-estate transactions without really thinking about the exact mechanism.

This is why a push-a-button mechanism enables new entrants to cross the chasm in to the mainstream market faster than their predecessors can hemorrhage.

I understand the mechanics of how to do it but want some guidance regarding execution.